New Orleans’ finances are better, but city still has more work to do, BGR says

By Ben Myers

Source: The Times-Picayune | NOLA.com

October 30, 2026

The Story

New Orleans’ finances are stronger under Mayor Helena Moreno’s administration, but there is still room for improvement, according to a new Bureau of Governmental Research report.

After inheriting a budget deficit, Moreno’s team raised quick cash and spent less. The city is closing the year with a small cash surplus.

BGR’s Role

“City leaders deserve credit for steering New Orleans through a very difficult year,” BGR CEO Rebecca Mowbray said in a statement.

But: “The city still needs a long-term plan to fund its services and infrastructure without relying on one-time money,” she said.

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